News

Elevated Returns, a hospitality-focused asset management company, recently announced the closing of the Aspen Digital real estate token sale, which raised $18 million via Indiegogo. The St. Regis Aspen Resort is an internationally renowned destination, known for luxury arrangements with high-quality amenities and outlets. The resort features many conference and banquet venues with spectacular views of […]

Nouriel Roubini, a professor at Stern School and a widely recognized economist, has condemned the crypto and Bitcoin industry, falsely characterized Ethereum as a scam, and described builders in the blockchain space as “greedy kids” looking to print money out of nowhere. If investors listened to the advice of Roubini in 2013, they would have […]

Gary Cohn, a former chief economic aide to President Trump and president of Goldman Sachs, will join the blockchain startup Spring Labs as an advisor, Bloomberg reports. More: Gary Cohn is joining blockchain startup Spring Labs as an adviser https://t.co/pkatTjrJ3O — Bloomberg (@business) October 12, 2018 Joining the Board Spring Labs plans to utilize the […]

Indian cryptocurrency exchange Unocoin is launching the country’s first digital assets ATM, even as other nations grapple with stringent regulations and a ban on banks providing services to exchanges. India’s First Crypto ATM As reported by Inc42, Unocoin CEO Sathvik Vishwanath confirmed the deal after an image of a company-branded ATM circulated the Twitter-verse. The Bengaluru-based […]

Gemini VP of Engineering Erin Winer announced today via the company blog that Gemini will now support Litecoin (LTC). Trading Starts Next Week, Deposits Available Now On Oct. 13 at 9:30 a.m. EST, users of the Gemini exchange will be able to deposit LTC into their accounts, and trading will begin the following Tuesday, October […]

U.S. Commodity Futures Trading Commission chair J. Christopher Giancarlo stated he believed the recent uptick in institutional investors could help cryptocurrencies “mature” in an interview with Fox Business on Friday morning. Ivy League Investments Recently, major institutions have become involved in the cryptocurrency and blockchain space, despite unease caused by the market’s volatility. One of […]

South Korean crypto exchange Bithumb sold 38 percent of its stake to a Singapore-based plastic surgeon for $350 million on Oct. 11, as reported by Reuters. Bithumb’s $350 Million Deal Founded in 2013, Bithumb averages over a billion dollars in daily trade volume and lists 52 cryptocurrencies. Its significant liquidity is a result of Korean […]

Cryptocurrency services provider Coinbase shut down its index fund service aimed at institutions this week, after reports suggesting a shift-of-focus to its retail users. Another report indicated the business has lost over 80 percent of its clientele in 2018, which validates its move from institutions towards retail. Failing to Entice Investors At the time of […]

Coinbase Pro General Manager David Farmer announced on Oct. 11 that ZRX token is now on Coinbase Pro. ZRX is launching on Coinbase Pro! The ZRX/USD, ZRX/BTC, and ZRX/EUR order books have entered transfer-only mode. Traders can deposit ZRX, but cannot yet place or fill orders. Order books will remain in transfer-only mode for at […]

Blockchain research firm Chainalysis released a report stating “whales,” or holders with a large token holding, are stabilizing cryptocurrency prices, instead of the popular belief that they manipulate the $215 billion crypto market. Whales Stabilize BTC Prices The rumors seem to originate from outsized bitcoin holders selling off their currencies at periodic intervals, causing considerable […]